HONG KONG — Asian stocks advanced Monday after U.S. stock indexes drifted around their records on Friday with the Dow Jones Industrial Average closing above 40,000 for the first time.
In Tokyo, the Nikkei 225 index surged 1.4% to 39,346.92. Australia’s S&P/ASX 200 gained 0.6% to 7,862.70. The Kospi in Korea rose 0.6% to 2,741.55.. Lai is expected to uphold the island’s de facto independence policy from China and seek to bolster its defenses against Beijing, which claims the island as Chinese territory.for the first time. It and other indexes on Wall Street have been climbing since the autumn of 2022 as the U.S.
Of course, now that a growing percentage of traders are betting on the Fed cutting rates two times this year, if not more, some economists are cautioning the optimism may be going too far. It’s something that
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